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RESOLUTION NO. 86-129 <br /> <br /> RESOLUTION AUTHORIZING ISSUANCE OF REFUNDING BONDS <br /> <br /> NORTH PLEASANTON FIRE PROTECTION REFUNDING DISTRICT NO. 1986-4 <br /> <br />The City Council of the City of Pleasanton resolves: <br />Seotion ~. RECITALS. On April 1, 1988, the City <br />Council of the City of Pleasanton adopted its resolution of <br />intention to conduct reassessment proceedings and issue <br />refundin~ bonds under the provisions of the Refundin~ Act of <br />1984 for 1915 Improvement Act Bonds (the "Act"). Proceedings <br />taken under the Act led to the levy of reassessments hy the City <br />Council a~ainst parcels of land within the reassessment district <br />in the total amount of $6,395,000.00. These reassessments will <br />he recorded in the office of the County Recorder of the County <br />of Alameda and thereupon will become a lien upon each of the <br />reassessment parcels. The refundin~ bonds are hein~ issued in <br />the amount of the total reassessment. <br /> <br /> Section 2. ISSUANCE OF BONDS. The City Council <br />hereby authorizes the issuance of refundin~ bonds under the <br />provisions of the Act to he secured hy the reassessments. The <br />bonds shall he designated, "Refundin~ Bonds, North Pleasanton <br />Fire Protection Refundin~ District No. 1986-4, City of <br />Pleasanton, Alameda County, California, Series No. 1986-4." In <br />all respects not specified in this resolution, the bonds shall <br />~e issued in the manner prescribed hy the Act. Bonds shall he <br />issued in denominations of $5000 or integral multiples thereof, <br />and shall he dated May 2, 1986. Bonds shall mature and shall <br />hear interest at the rates set forth in the table attached as <br /> <br /> ORIGINAL <br /> <br /> <br />